Contrary to many theoretical studies in the literature, relatively few studies attempt to empirically investigate the impact of an exchange rate regime on currency crises and macroeconomic performance in developed, emerging, and developing countries, separately. This is perhaps, because such an empirical investigation is fraught with difficulties, including the problem concerning the classification of exchange arrangement. The purpose of this book is to empirically investigate the influence of exchange rate arrangements on currency crises and economic performance (inflation and economic...
Contrary to many theoretical studies in the literature, relatively few studies attempt to empirically investigate the impact of an exchange rate regim...
